N.J.S.A 17:52-19. Other corporations; powers

17:52-19. Other corporations; powers

Corporations of this State other than banks and trust companies may also become stockholders of a business development corporation, except in any case where the certificate of incorporation or the by-laws of such corporation forbid the ownership of stock by any such corporation.

L.1957, C.218, p. 761, s.19.


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